Rithm Capital To Acquire Sculptor Capital Management
Posted on 07/26/2023
US$ 32 billion real estate asset manager Rithm Capital Corp. has successfully bid for alternative asset manager Sculptor Capital Management with US$ 34 billion under management. The transaction will cost US$ 639 million. Michael Nierenberg, Chairman and CEO of Rithm said: “This transaction is transformational for Rithm. Sculptor’s US$ 34 billion of AUM coupled with…
